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Hot Sauce

GROUP: BLACK FAIRY


Group Black Fairy Chinsu Hot Sauce Presentation Pg 02/23

Outlines
1. Market Segmentation &
Market Marketing
2. Market Analysis
3. Brand Positioning
4. Market Competitors
5. Market Strategy
6. Market Mix
7. Action Plan
Group Black Fairy Chinsu Hot Sauce Presentation Pg 03/23

Masan Consumer was established by Mr.


Nguyen Dang Quang in 2002. The name
Masan implies that a Vietnamese company,
About Us

Strong (Manh) and Intelligence (Sang) is on


the S-shaped strip of land. So that company
cannot be strong if it is not large in its own
country. That is why he divert investment for
the domestic market. And CHIN-SU chili sauce
is a product of Masan Consumer Corporation.
Group Black Fairy Chinsu Hot Sauce Presentation Pg 04/23

Market
Segmentation
&
Target Market
Group Black Fairy Chinsu Hot Sauce Presentation Pg 05/23

Geography In the territory of Vietnam, focus on big cities


Demography 13 – 17: Young people at high school who are active with learning,
extracurricular activities.
18 – 24: Young people at university who seem to have a lot of activities with
study, outdoor activities, and part-time job.
25 – 34: Caring women who have a small family, spends most their time for
cooking and housework.
Psychographic They are active people.
They are aware of taking care of family meals and want
their food to be more flavorful and delicious.
They want their meal to be "burning".
Behavioral They usually shop for food in supermarkets and convenience stores.
They interact with friends online and often have extracurricular and outdoor
activities with their friends.
They want to prepare their meals well.

Market Segmentation
Group Black Fairy Chinsu Hot Sauce Presentation Pg 06/23

Target Market
Big cities
200 thousand – 3 million income,
13 – 34 years old.

Active, modern
Experience new things
Want to have “meals have one burning flavor”

Using social network


Watch Reality Video
Shop at the convenient store or supermarket
Group Black Fairy Chinsu Hot Sauce Presentation Pg 07/23

Market
Analysis
Group Black Fairy Chinsu Hot Sauce Presentation Pg 08/23

Current Situation: Chinsu is a


MARKET- recognized brand and entering the
fastidious Japanese market.
ANALYSIS Market Trend: gain to become
one of ten most powerful chili
sauce brands in the world in 2030.
Group Black Fairy Chinsu Hot Sauce Presentation Pg 09/23

SWOT
STRENGTH WEAKNESS
High brand awareness,
customer’s trust, product
quality is strictly controlled,
Not diverse in size Analysis
good marketing, widely
distributed.

OPPORTUNITIES THREATS
Penetrating Fierce competition at home and
international market. abroad, foreign products
competition
Group Black Fairy Chinsu Hot Sauce Presentation Pg 10/23

Excitement, Fun
Brand Spicy meal value
positioning
Group Black Fairy Chinsu Hot Sauce Presentation Pg 11/23

Market
Competitor
Group Black Fairy Chinsu Hot Sauce Presentation Pg 12/23

Direct and
Indirect
Competitors
Direct competitor: Cholimex, Vifon
Indiect competitor: Unbranded chili
sauce from small business/restaurnts
Group Black Fairy Chinsu Hot Sauce Presentation Pg 13/23

Market
Strategy
Group Black Fairy Chinsu Hot Sauce Presentation Pg 14/23

Customers: 2 sources which are retail customers


and distributors such as agents and supermarkets
Market Strategy

Application of science, technology and technology: Have a


great influence on production, business, and consumption

Create new customer trends: constantly bombs the media


and let the customers try food for free at convenience stores
and supermarkets

Chinsu is important for both quality and appearance: the


development of technology, the use of KOL to cummunicate for the
company, the large media coverage of Chinsu chili sauce
Group Black Fairy Chinsu Hot Sauce Presentation Pg 15/23

Market
Mix
Group Black Fairy Chinsu Hot Sauce Presentation Pg 16/23

Actual Product: Eye-catching and luxurious red


bottle design helps consumers easily identify the
brand

Core product: The red paste will have the


strong, stimulating taste makes the meal
more enjoyable
Augmented: Email, facebook, hotline,
phone number

Pro-
duct
Group Black Fairy Chinsu Hot Sauce Presentation Pg 17/23

Pricing
Value Based Pricing: Supermarket, Store, Online, grocery store
Competitor Pricing: Around 9,500VND – 55,000 VND

Product line
pricing 250g bottle 2.1kg bottle 24 bottles x 250g
11,000đ 58,000đ 264,000đ
Group Black Fairy Chinsu Hot Sauce Presentation Pg 18/23

Place
Supermarket: systems such as
Coopmart, Big C, Vinmart ...
Convenience store: Shop ‘n’ Go,
Ministop, Circle K , Family Mart,
B’s Mart
Websites: Lazada, Tiki, Shoppee
Group Chinsu Hot Sauce Presentation Pg 19/23

Promotion
Objectives: Contribute to creating a flavor for
every meal of Vietnamese families
Long term: Partnering with influencer to
evaluate and promote widely. Short term: Set up
booths at large shopping malls so that everyone
can experience the taste of the chili sauce that
the chinsu brings. Message: “Vạn món ngon
bùng vị”
Social media: Running ads through social
networks (ex:facebook, instagram …), google
advertisement, broadcasting ads via television.
Group Black Fairy Chinsu Hot Sauce Presentation Pg 20/23

Action
Plan
Group Black Fairy Chinsu Hot Sauce Presentation Pg 21/23

Short Term

Free Sample Social Network Giving Survey


Giving out free samples in places Promote brand by advertising by video, Allow employees and marketers
like Supermarkets: Coop.mart, Big banner, sponsoring big KOL, … on interact directly with customers
C, Vinmart,… Youtube
10 universities at Ha Noi and 20 Making social event, run facebook
universities at HCM city ads,.. On Facebook.
Website
Group Chinsu Hot Sauce Presentation Pg 22/23

Long Term

Outdoor Advertisement Television advertising Public relations


Place outdoor advertisements and Putting commercial break on Charity activities, sponsorship,…
design banners on cargo trucks, bus television, especially when it’s
stop, buses, outside convenience breakfast, lunch, dinner time
store etc TV show sponsoring: Chon Ai Day
Group Black Fairy Chinsu Hot Sauce Presentation Pg 23/23

Thank you
for References

listening Tuongotchinsu.com, Google,


Wikipedia, Online news, Facebook,
Youtube,…
members
1. Hoàng Thụy Khanh – BAFNIU19014
2. Lê Trung Anh – BABAWE15399
3. Nguyễn Thị Hoàng Minh – BABAWE18611
4. Lê Hoàng Thiên Kim – BABAUH18179
5. Nguyễn Công Hoàng - BABAWE
6. Võ Thành An – BABAWE18140
7. Đỗ Lưu Khánh Huyền – BABAUH18185

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